FAQs Archive - Page 2 of 3

Q: When will I receive my funds?

We provide approvals within 48 hours and you will receive the funds within 10 business days.

Q: Is there any particular stage of construction that I need to be at in order to be eligible for a loan?

[fusion_builder_container hundred_percent="no" equal_height_columns="no" menu_anchor="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" background_color="" background_image="" background_position="center center" background_repeat="no-repeat" fade="no" background_parallax="none" parallax_speed="0.3" video_mp4="" video_webm="" video_ogv="" video_url="" video_aspect_ratio="16:9" video_loop="yes" video_mute="yes" overlay_color="" video_preview_image="" border_color="" border_style="solid" padding_top="" padding_bottom="" padding_left="" padding_right="" type="legacy"][fusion_builder_row][fusion_builder_column type="1_1" layout="1_1" background_position="left top" background_color="" border_color="" border_style="solid" border_position="all" spacing="yes" background_image="" background_repeat="no-repeat" padding_top="" padding_right="" padding_bottom="" padding_left="" margin_top="0px" margin_bottom="0px" class="" id="" animation_type="" animation_speed="0.3" animation_direction="left" hide_on_mobile="small-visibility,medium-visibility,large-visibility" center_content="no" last="true" min_height="" hover_type="none" link="" border_sizes_top="" border_sizes_bottom="" border_sizes_left="" border_sizes_right="" first="true" type="1_1"][fusion_text]No, you do not have to be at any particular stage. Whether you are starting to build or part way through, we have lending products to help you complete your project.[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

Q: How do I apply for a construction loan?

Call us at (416)225-6900 to speak to a Tribecca lending specialist or apply online in minutes.

Q: What is a construction loan?

A construction loan is a loan secured on a property being constructed. The funds are used to pay for the construction costs.

Q: 6. Is there a penalty for paying out the loan early or making additional principal payments?

[fusion_builder_container hundred_percent="no" equal_height_columns="no" menu_anchor="" hide_on_mobile="small-visibility,medium-visibility,large-visibility" class="" id="" background_color="" background_image="" background_position="center center" background_repeat="no-repeat" fade="no" background_parallax="none" parallax_speed="0.3" video_mp4="" video_webm="" video_ogv="" video_url="" video_aspect_ratio="16:9" video_loop="yes" video_mute="yes" overlay_color="" video_preview_image="" border_color="" border_style="solid" padding_top="" padding_bottom="" padding_left="" padding_right="" type="legacy"][fusion_builder_row][fusion_builder_column type="1_1" layout="1_1" background_position="left top" background_color="" border_color="" border_style="solid" border_position="all" spacing="yes" background_image="" background_repeat="no-repeat" padding_top="" padding_right="" padding_bottom="" padding_left="" margin_top="0px" margin_bottom="0px" class="" id="" animation_type="" animation_speed="0.3" animation_direction="left" hide_on_mobile="small-visibility,medium-visibility,large-visibility" center_content="no" last="true" min_height="" hover_type="none" link="" border_sizes_top="" border_sizes_bottom="" border_sizes_left="" border_sizes_right="" first="true" type="1_1"][fusion_text]No, the loan is fully open and payments can be made at any time.[/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

Q: 4. When will I receive my personal loan cheque?

Once your loan has been approved, you will receive a call from one of our lending specialists to schedule a time for you to come in to our office to sign the necessary documents and receive your funds.

When will I receive my funds?

We provide approvals within 48 hours and you will receive [...]

By BlueHat Marketing Inc.|2020-12-03T11:08:38-05:00May 8th, 2020|Construction Loans|

Is there any particular stage of construction that I need to be at in order to be eligible for a loan?

No, you do not have to be at any particular [...]

By BlueHat Marketing Inc.|2022-01-06T13:53:13-05:00May 8th, 2020|Construction Loans|

How do I apply for a construction loan?

Call us at (416)225-6900 to speak to a Tribecca lending [...]

By BlueHat Marketing Inc.|2020-11-25T12:33:47-05:00May 8th, 2020|Construction Loans|

What is a construction loan?

A construction loan is a loan secured on a property [...]

By BlueHat Marketing Inc.|2020-11-25T12:18:45-05:00May 8th, 2020|Construction Loans|

How do I make my monthly payments?

Your monthly payment will be automatically debited from your bank [...]

By BlueHat Marketing Inc.|2020-12-03T11:05:32-05:00May 8th, 2020|Home Equity Loans|

8. What is collateral security?

Collateral is something you own. For a personal loan, automobiles [...]

By BlueHat Marketing Inc.|2020-11-25T12:46:52-05:00May 8th, 2020|Personal Loans|

7. What area does Tribecca service?

Our customers must reside in the Greater Toronto Area (GTA) [...]

By BlueHat Marketing Inc.|2020-11-25T12:45:13-05:00May 8th, 2020|Personal Loans|

6. Is there a penalty for paying out the loan early or making additional principal payments?

No, the loan is fully open and payments can be [...]

By BlueHat Marketing Inc.|2022-01-06T14:03:41-05:00May 8th, 2020|Personal Loans|

5. How do I make my monthly payments?

Your monthly payment will be automatically debited from your bank [...]

By BlueHat Marketing Inc.|2020-12-03T11:07:04-05:00May 8th, 2020|Personal Loans|

4. When will I receive my personal loan cheque?

Once your loan has been approved, you will receive a [...]

By BlueHat Marketing Inc.|2020-11-25T12:58:14-05:00May 8th, 2020|Personal Loans|